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​(Repurchase of stock​) The Dunn Corporation is planning to pay dividends of ​$460000. There are 230000...

​(Repurchase of stock​) The Dunn Corporation is planning to pay dividends of ​$460000. There are 230000 shares​ outstanding, and earnings per share are ​$6. The stock should sell for ​$48 after the​ ex-dividend date.​ If, instead of paying a​ dividend, the firm decides to repurchase​ stock, a. What should be the repurchase​ price? b. How many shares should be​ repurchased? c. What if the repurchase price is set below or above your suggested price in part a​? d. If you own 100​ shares, would you prefer that the company pay the dividend or repurchase​ stock?

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